Borrell: Spain, Ireland to Recognize Palestinian State on May 21

07 May 2024, Belgium, Brussels: European Union foreign policy chief Josep Borrell speaks to the media ahead of the meeting of EU foreign and development ministers at the European Council building in Brussels. Photo: -/European Council/dpa
07 May 2024, Belgium, Brussels: European Union foreign policy chief Josep Borrell speaks to the media ahead of the meeting of EU foreign and development ministers at the European Council building in Brussels. Photo: -/European Council/dpa
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Borrell: Spain, Ireland to Recognize Palestinian State on May 21

07 May 2024, Belgium, Brussels: European Union foreign policy chief Josep Borrell speaks to the media ahead of the meeting of EU foreign and development ministers at the European Council building in Brussels. Photo: -/European Council/dpa
07 May 2024, Belgium, Brussels: European Union foreign policy chief Josep Borrell speaks to the media ahead of the meeting of EU foreign and development ministers at the European Council building in Brussels. Photo: -/European Council/dpa

Spain, Ireland and other European Union member countries plan to recognize a Palestinian state on May 21, the EU's foreign policy chief, Josep Borrell, said late on Thursday ahead of an expected UN vote on Friday on a Palestinian bid to become a full member.
Spanish Prime Minister Pedro Sanchez said in March that Spain and Ireland, along with Slovenia and Malta, had agreed to take the first steps towards recognition of a Palestinian state alongside Israel, seeing a two-state solution as essential for lasting peace.
Asked on local Spanish radio station RNE if May 21 was when Spain, Ireland and other EU countries would recognize a Palestinian state, Borrell said yes, mentioning Slovenia as well.
"This is a symbolic act of a political nature. More than a state, it recognizes the will for that state to exist," he said, adding that Belgium and other countries would probably follow.
Previously, Spanish Foreign Minister Jose Manuel Albares had said the decision on recognition had been made, although he did not give a date.
International calls for a ceasefire and permanent end to Palestinian-Israeli conflict have grown along with the death toll from Israel's offensive in Gaza to rout out Hamas after the militants' deadly cross-border attack on Oct. 7.
Israel has said plans for Palestinian recognition constitute a "prize for terrorism" that would reduce the chances of a negotiated resolution to the Gaza conflict.
On Friday the United Nations General Assembly is set to back a Palestinian bid to become a full UN member by recognizing it as qualified to join and sending the application back to the UN Security Council to "reconsider the matter favorably."
Ireland's national broadcaster RTE said on Thursday that Spain, Ireland, Slovenia and Malta had been waiting for the UN vote and were considering a joint recognition on May 21.
A spokesperson for the Spanish Foreign Ministry did not immediately respond to a Reuters request for comment. There was no immediate comment on the date from the other countries.
Slovenian Prime Minister Robert Golob said earlier this week his country would recognize Palestine's statehood by mid June.
Since 1988, 139 out of 193 UN member states have recognized Palestinian statehood.



Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
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Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)

Syrian Finance Minister Yisr Barnieh made a call to global investors on Wednesday to come do business with Syria after US President Donald Trump's surprise announcement that he would lift all of Washington's sanctions on the country.

"Syria today is a land of opportunities, with immense potential across every sector—from agriculture to oil, tourism, infrastructure, and transportation,” Barnieh said in an interview with Reuters at the Finance Ministry in Damascus.

"We envision a central role for the private sector in the new Syrian economy. The finance ministry's role is not to spend indiscriminately or act as a regulatory enforcer over businesses, but rather to enable and support growth."

A wall outside his office still bore the discolored outline of one of the many posters of former strongman Bashar al-Assad that used to hang in Syria's public buildings before his ousting by the Hayat Tahrir al-Sham (HTS) last year.

Changes in Syria have been swift since Assad fled to Russia in December of last year.

HTS commander Ahmed Sharaa was appointed president, formed a government and had quick success garnering Gulf Arab support and getting most European sanctions lifted.

The stunning turn of events was capped by a meeting between Sharaa and Trump in Riyadh on Wednesday after Trump's pledge to cease US sanctions imposed on Syria under Assad-family rule, measures widely seen as the biggest external obstacles to the country's economic recovery.

Trump has not set out a timeline for removal.

"One of the most critical outcomes of lifting sanctions would be Syria's reintegration into the global financial system," Barnieh said.

"This would allow us to restore financial flows and attract investments, which are urgently needed across all sectors,” he said, adding that Syrian authorities have already seen strong interest from Saudi Arabia, the UAE, Kuwait, Qatar, and several EU countries, among others.

He noted that the government is undertaking a comprehensive overhaul of public financial management, including reforms to the tax system, customs, and banking -- part of a broader effort to modernize an economy long burdened by an oversized public sector.

He also struck a cautioning tone, saying that the removal of sanctions would be just the first step in a years-long recovery for a country ruined by 14 years of war.

"The lifting of sanctions is not the final chapter," he said.

"We cannot afford to become complacent. We are entering a new phase that demands real results and visible progress on the ground."